Categories
Business

ASX set to fail, ahead of Reserve Bank’s likely interest rate hike of 0.5 per cent

Australian shares are set to open lower, ahead of the Reserve Bank’s widely-expected interest rate hike this afternoon which will lead to another sharp rise in mortgage repayments.

ASX futures were down 0.3 per cent, to 6,880 points, by 8:25am AEST.

The Australian dollar was trading at a six-week high of 70.2 US cents, following a 0.6 per cent rise overnight.

According to many Australian economists, the most likely outcome of today’s RBA announcement will see the central bank lift it cash rate target by a larger-than-usual 0.5 percentage points.

This would take the new rate to 1.85 per cent, a big jump since the record low of 0.1 per cent in May. It would also be the highest cash rate since April 2016.

The central bank is expected to keep lifting rates aggressively over the coming months, as it desperately tries to bring inflation down from its 21-year high.

Effectively, it will do so by lifting rates to a level that makes consumers feel poorer so they visit the shops less, and spend more on their loan repayments.

House prices are also feeling the crunch. Since interest rates begin to rise sharply in May, property values ​​have dropped by 2 per cent — the fastest drop since the onset of the global financial crisis in 2008, according to figures from CoreLogic.

‘A lot of questions’ about the economic downturn

The local share market is also likely to follow a weak lead from Wall Street, which we see-sawed on Monday, local time, as crude oil prices plunged and the looming possibility of US recession curbed the appetite for taking risks.

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Categories
Technology

Telstra MVNO Belong, now offering refurbished smartphones

Telstra’s carbon neutral MVNO, Belong, has announced that it has partnered with Kingfisher to launch Second Life Phones which will offer pre-owned smartphones for value and environmentally conscious consumers.

The pre-owned and refurbed device program offers both various and limited devices, mainly Apple’s iPhone but a few Samsung Galaxy devices at reasonable prices and is being marketed via new TV ad running across the major TV networks, YouTube and social media apps as an eco -friendly alternative to purchasing a brand-new device.

Belong head of product and marketing, Aaliah Eggins-Bryson has stated at the launch of Belong’s Second Life services that:

“Too many Australians believe mobile phones have no material impact on the environment than other things in their lives but in fact, every year, the world throws away around 44.7 million tonnes of tech. This is why we’ve launched Second Life Phones; because the most sustainable phone is the one that already exists.”

So what devices are on offer, well here is a full list:

Samsung galaxy:

  • Samsung Galaxy S20 5G in cosmic gray – 128GB – $669
  • Samsung Galaxy S20 in cosmic black – 128GB – $699
  • Samsung Galaxy S20+ 5G in cosmic black – 128GB – $649
  • Samsung Galaxy S20 FE 5G in either cloud lavender, cloud navy, cloud red or cloud white – 128GB – $559
  • Samsung Galaxy S21 Ultra 5G in either phantom black or phantom silver – 128GB – $949
  • Samsung Galaxy S21 Ultra 5G in either phantom black or phantom silver – 256GB – $999

Manzana:

  • iPhone 11 64GB in white or black – $599
  • iPhone 11 Pro in space gray – 64GB – $699
  • iPhone 11 Pro in space gray – 256GB – $789
  • iPhone 11 Pro Max in space gray – 64GB – $799
  • iPhone X in space gray or Silver – 64GB – $439
  • iPhone X in space gray or Silver – 256GB – $489
  • iPhone XR in either black, Product (Red), yellow, white, blue or coral – 64GB – $459
  • iPhone XR in either black, Product (Red), yellow, white, blue or coral – 128GB – $489
  • iPhone XS in either space grey, gold or silver – 64GB – $479
  • iPhone XS in either space grey, gold or silver – 256GB – $539

You can check out the link here to see how Belong’s second life phone system in partnership with Kingfisher works and check out the deals listed above if you’re in the market for a phone but don’t want to break the bank in getting some high end and mid range devices at bargain prices.

Categories
Entertainment

Laurinda takes the stage: ‘Private school culture needs to change – the insularity, the entitlement’ | australian theater

Alice Pung’s young adult novel Laurinda opens with a simple epigraph: “Life is nothing but high school.” This quote, from the US writer Kurt Vonnegut, distils a confronting truth: the things that happen to us as teenagers can, and often do, follow us through our lives.

Melbourne Theater Company’s adaptation of Laurinda, co-written by comedian Diana Nguyen and Petra Kalive (who also directed), magnifies this phenomenon by splitting Pung’s much-loved book between past and present. Her protagonist, Lucy Lam, is both 15 and 35 in this version: we see her as a teenager in the 1990s as she navigates her eponymous private school, where an elite group, The Cabinet, reigns supreme. Always present is Lucy’s friend from Ella Linh, the only person who really gets her from Ella.

But we also see Lucy looking back, exploring all the ways in which being a member of the Asian diaspora in Australia, and experiencing casual and explicit racism, has irrevocably shaped and changed her. There is both light – the daggy joys of 90s music, an energetic cast – and darkness in this adaptation; it’s a little bit Mean Girls and a little bit Fight Club, with a distinctly Asian-Australian feel.

Nguyen remembers being a child in 1996 when Pauline Hanson made her infamous maiden speech in which she claimed that Australia was being “swamped by Asians”. When Nguyen began adapting Laurinda in 2020, waves of anti-Asian sentiment were again washing over the world after China was identified as the origin of Covid-19.

“#StopAsianHate was in the media, and just before the Comedy festival in 2020, I experienced racism in the comedy room,” she remembers. “That was living inside of me – how was it possible that in 2020, even though I was writing this play set in the 1990s, it was still traveling through the generations?”

The idea for the adaptation had been sitting on the shelf for years when Kalive started at the MTC in 2020, right as the first lockdown hit. She tore through the novel in 24 hours; as a Greek-Australian, she could relate to some of the feelings it described. Kalive was keen to adapt it, and when it came to a co-writer, Nguyen immediately came to mind. “I thought there was a fabulous humor in the work and lived experience that Diana would be able to speak to and understand intrinsically,” she says.

The intersection of class and race is a recurring topic in Pung’s work, which the author feels Kalive and Nguyen inherently understand. “They have the insight that some people don’t have if they don’t live, or don’t have parents or family, who come from a very working class background, and then are thrust into this world of privilege,” says Pung .

Nguyen had read Laurinda years ago. “I was quite triggered by it,” she says. “It’s not overt racism but subtle racism, and I felt Alice did such a great job of naming what Lucy went through. When I think about the courage of any young person who has ever faced racism, that’s what we’ve created – an enduring play about a woman who lives it through school, but it travels with her through her life.

The comedian, who created the web series Phi and Me about a Vietnamese teenager and her overbearing mother, brings this same understanding of intergenerational dynamics to Laurinda. Scenes with Lucy’s refugee parents are spoken in untranslated Vietnamese – an authentic depiction of the domestic lives of immigrants.

“What’s so beautiful about this show, and the grounding parts, are the conversations Lucy has with her mum,” Nguyen says. “For me, to hear the Vietnamese language on stage is mind-blowing. The gift I’m giving to myself is to hear my home language spoken on stage.”

“Diana has always been really invested in realizing the home as three-dimensionally as possible to really ground Lucy as a fully rounded person, not just a caricature,” Kalive adds.

Both writers didn’t have the language as teenagers to describe or understand their experiences with racism or xenophobia; Words and concepts such as “microaggression” simply didn’t exist in the everyday lexicon. “As a young person, you’re just trying to exist in the world and all your energy is spent trying to deal,” Kalive says. “I definitely don’t feel like my peers were equipped with the nous that young people are now.”

The production’s all-Asian cast of seven includes Fiona Choi (The Family Law), Gemma Chua-Tran (Heartbreak High) and Ngoc Phan (Boy Swallows Universe). Between them, they play 20 characters, not all of whom are Asian; it’s a bold and significant casting choice in an industry that still struggles with meaningful representation. The personal experiences of the actors also inform what unfolds on stage. “The script continues to respond and adapt to include their perspectives, which is incredibly powerful,” Kalive says.

There’s a brief nod in the play to another 1990s-set Australian YA novel also recently adapted for stage: Looking for Alibrandi, which tells a similar story of a teenage girl from a migrant background struggling to find her place in a world of whiteness and privilege . These stories are more relevant now than ever, contributing to ongoing discussions about the place of private schools in Australia.

“Some of the culture of private schools needs to change – the insularity, the sense of entitlement,” Pung says. “It’s an unacknowledged and unaware sense of entitlement, which I hoped to bring out in the writing of Laurinda.”

Categories
Sports

Manly Sea Eagles player split, Manly seven, Pride jersey, Round 21, Des Hasler, Daly Cherry-Evans

There is reportedly a divide in the Manly dressing room between the players who played in the Pride jersey and the seven stars who boycotted their crucial loss to the Roosters.

The Daily Telegraph’s Phil Rothfield believes there is a lingering resentment between the players that played and those that chose to put their beliefs ahead of the team’s final aspirations.

“I think there is a split,” Rothfield said of the playing group on NRL 360.

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“I think the players that took the field cannot understand why the other seven didn’t.

“I think the meeting yesterday cleared it up a little bit, but you can’t repair a split of this magnitude with a bandaid in a 45 minute meeting.

“I think when something as drastic as this happens when seven men pull out of a finals crunch match over a view and an opinion and the other guys are totally on the opposite side.

“They put their views and opinions ahead of a finals berth almost.”

Paul Kent also believes there is a split between the Manly seven and the owner who incorrectly said they would backflip on their stance in time for next season.

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Daly Cherry-Evans and DesHasler.Source: News Corp Australia

“What about the owner coming out and saying the players had gone back on what they originally intended, which they have heavily refuted,” Kent said.

Braith Anasta agreed with Rothfield that as a player he would be frustrated with the seven players who put their beliefs above a goal the team has worked for since pre-season in November.

“I agree with and I’m just thinking now as a player the majority of the playing group you train from November all the way through,” Anasta said.

“You put your body on the line every week. You put your heart and soul into it. You make sacrifices every single day.

“These players have got a few teammates who have made a different decision than the rest of the team and it can cause a divide and it seems to be that way.

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Jake Trbojevic and Manly players process the loss to the Roosters.Source: Getty Images

“It could derail their season. We spoke about it before the game that it could happen and it is possibly happening right now.

“There are no winners and losers here. The fact is it doesn’t matter what they are arguing over or have a split of opinion over. It can cause a divide and it seems to be causing a divide.”

The Daily Telegraph’s Dean Ritchie has no doubt there is a rift between the seven players and the rest of the squad and it will take time to heal the wounds of the last week.

“There is divisions at Manly and anyone who tells you there is not telling a fib,” Ritchie said on The Big Sports Breakfast.

“The players that played were dirty on the players that didn’t play.

Sea Eagles players at training.Source: News Corp Australia

“They are trying to sort it out and understand each other’s religious beliefs and views, but there is a division there.

“You speak to one player and he will say we can move forward from this and you speak to others who say this is going to take a lot longer.”

Laurie Daley questioned how both sides of the split can come together with no common ground on the issue.

“You have got two parties that don’t agree and you talk about finding common ground, but where is the common ground in this?” Daley said.

How long will Carrigan get for hip drop? | 03:22

“There is no giving,” Ritchie replied.

“Both sides are quite staunch in their views. The players are dirty the others didn’t play and the seven players are saying, we are not backing down.

“To be fair to them they have been staunch from the beginning and have stuck tight through a lot of criticism, so they are not clearly going to apologize.

“I don’t know how one meeting is going to fix this problem at Manly.”

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Categories
Australia

Signs could prevent selfie deaths like Rosy Loomba at the Grampians’ Boroka Lookout, coroner finds

More warning signs at a popular lookout spot in Victoria’s west could have prevented a woman’s death, a coroner has found.

Rosy Loomba was taking a photo with her husband at the Grampians’ Boroka Lookout in December 2020 when she fell to her death.

The 38-year-old was trying to walk back from the “selfie rock” ledge to her children and friends but lost her balance and fell 30 meters, Deputy State Coroner Jacqui Hawkins found.

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Loomba died from multiple injuries, including skull fractures and a dislocated spine.

While the lookout spot is fenced off, Hawkins said it was common for people to climb over the “easily scaled” wire fence to take photos on the rock ledge.

A coroner recommends more warning signs at a Grampians lookout after a woman died taking a photo. (Pablo Mena/AAP PHOTOS) Credit: AAP

At the time of Loomba’s death, there were 30 other people waiting to take their photos.

Hawkins recommended Parks Victoria install extra signage in the area that expressly stated people have died and been seriously injured at the location.

“I note that adventurers and park attendees may continue to climb fences to access lookouts in order to get a photo or for their own curiosity,” the coroner said in her findings.

“Mrs Loomba’s death is a reminder of the dangers associated with ignoring signage and fencing which is put in place to keep people safe.”

Rosie Loomba. Credit: Herald Sun

The coroner’s report noted Parks Victoria installed additional infrastructure and signage at Boroka Lookout this year.

Parks Victoria will provide a written response to the coroner within three months, setting out how the recommendations will be addressed.

“We’re reviewing the existing signage at the Boroka Lookout, including reviewing the recommendations from the Coroner’s Court,” a spokesperson told AAP in a statement.

Head-on truck crash in NSW.

Head-on truck crash in NSW.

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Categories
US

Democrats, GOP in dead heat in generic congressional ballot: poll

Democrats and Republicans are locked in a statistical dead heat as the parties race to gain seats in Congress months before the midterm elections, according to a new Harvard CAPS-Harris Poll survey released exclusively to The Hill.

Voters are split 50-50 when asked if they would vote for a Democratic or Republican candidate for Congress today. That’s a switch from May, when the same Harvard CAPS-Harris Poll survey showed the GOP was leading 51 percent to 49 percent.

The midterm elections are shaping up to be a close call as Republicans campaign on high inflation and a probable recession while Democrats seek to go on offense over the Supreme Court’s decision to overturn Roe v. Wade and GOP opposition to climate change legislation and gun control.

Mark Penn, the co-director of the Harvard CAPS-Harris Poll survey, said Republicans are losing ground they once held with swing voters — including moderate Democrats and independents who might vote for them.

“Despite poor ratings for the administration and big concerns about inflation, the Republican Party is still seen as too far to the right for these moderate Democrats and so they have not closed the sale on the midterms,” Penn said.

The president’s party generally loses seats in the House during their first midterm election, which has led many pundits to predict the House will flip to the GOP. Republicans need to pick up only a few seats to take the majority.

The Senate is a different situation, as a number of the competitive races are being held in states won by President Biden in 2020.

The most closely watched races include Pennsylvania and Wisconsin, where Republicans are seeking to hold seats, and Arizona and Georgia, where Democratic incumbents are seeking full terms. Biden won all four of those states in the 2020 election.

Amid polarized times, neither political party is seen as highly favorable. About 48 percent of voters approve of the Republican Party, according to the Harvard CAPS-Harris Poll survey, while 43 percent of voters approve of the Democratic Party.

The issue most expected to dominate the elections this year is inflation, a top concern for 36 percent of Democratic voters and 49 percent of GOP voters, the poll shows.

The second-most pressing issue is abortion rights, a major concern after the US Supreme Court eliminated what had been a 50-year constitutional right to abortion.

About 26 percent of voters are concerned about abortion access. Democrats, at 20 percent, are far more likely than Republicans, at 8 percent, to be concerned about abortion rights.

The Harvard CAPS-Harris Poll survey was conducted from July 27 to July 28 among 1,885 registered voters.

The survey is an online sample drawn from the Harris Panel and weighted to reflect known demographics. As a representative online sample, it does not report a probability confidence interval.

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Categories
Business

Falling house prices will weigh on profit season

Historically low unemployment and wage rises will soften the blow of falling house prices and rising mortgage rates for households, and the outlook for loan losses (currently also at historically low levels) will be closely watched.

Consumer spending is clearly going to fall in the second half of calendar 2022. What investors in the discretionary retail, gaming, consumer-facing manufacturing, media, travel, retail property, and financial services sector will look for this August is signs the slowdown is already biting, and guidance for what happens next.

Many stocks in these sectors have already failed anticipating what’s to come, so it may be that reporting season helps investors unearth some bargains.

Citi retail analyst Adrian Lemme, who has stress-tested discretionary retail earnings in a recessionary environment, says most stocks in the sector are trading around historically low valuations.

“The downside risk to share prices is mostly limited with potential for earnings to continue to positively surprise.”

The question of how resilient household spending goes to corporate margins.

As UBS strategist Richard Schellbach points out, February’s earnings season suggested companies had been able to push through hefty price rises without hurting demand and the June-quarter earnings season under way in the US also showed margins held up reasonably well. But how many more price rises will highly indebted Australian consumers take?

With some pressure on revenue likely, the focus on costs will be even more intense. Recent falls in commodity prices, decreasing shipping rates and easing supply chain disruptions bode well, but the trajectory of labor costs will concern investors.

June-quarter production reports from the mining sector make it clear rising wages and outright skills shortages remain an issue. How other sectors are faring on the labor front, and whether shortages are weighing on sales as some research has suggested, will be closely watched.

Schellbach argues margins are “elevated, but not extreme”. But they remain higher than they’ve been since the GFC and many of the tailwinds for profitability in the past decade – low-interest rates, low wage growth, cheap and easily accessible supply chains, falling tax rates – are now reversing.

It’s not just households dealing with higher interest expenses. Chris Nicol, equity strategist at Morgan Stanley, says net interest expenses in corporate Australia have been largely forgotten in recent years thanks to low rates, but the cost of short-term debt and working capital has risen sharply since May.

He says balance sheets are generally in strong shape, but warns investors could be surprised by rising debt costs.

Could caution around a higher cost of capital and the general outlook even lead companies to be more cautious about dividend payouts?

Rio Tinto certainly took a prudent approach to its interim dividend last week, and at the very least it seems unlikely that big dividend increases will be prevalent this reporting season.

Schellbach is more upbeat about the outlook for share buybacks, however, arguing that companies may look to seize on weakness in their share prices to put excess capital to work.

Investors should strap in for a bumpy four weeks, possibly with wild swings in share prices as companies report.

Given the pace at which macro conditions are changing, the potential for surprises when actual earnings are compared to outdated forecasts is elevated.

Secondly, companies may decide conditions are simply too unpredictable to provide guidance for the period ahead, increasing the likelihood of an uncertain market trades on uncertainty.

Categories
Technology

Destiny 2 Chat Shut Off After Players Abuse It To Crash Games

Over the weekend, Bungie disabled destiny 2‘s in-game text chat across all platforms after trolls discovered a way to use it to crash other players’ games. Now, the chat still remains off and Bungie hasn’t provided an ETA for when it will return.

On Saturday, I hopped online to play some destiny 2 and was hit with a small message telling me in-game text chat had been temporarily disabled across all platforms. I didn’t think much of it as I primarily play on Xbox Series X and don’t really use text chat. But it turns out that a nasty and simple exploit had been discovered in Bungie’s online sci-fi shooter and to avoid players abusing it, Bungie disabled text chat completely.

The exploit, if done properly, allows a troll to crash someone else’s game (or their own game) by simply entering a specific string of text. An example of this can be seen in a video clip uploaded on July 30 by destiny 2 player ritz. (It should be noted the text seen in the video isn’t the entirety of what’s needed to cause the exploit to trigger.)

According to some reports, players were experiencing crashes when playing online in multiplayer, as those areas have public text chat and were vulnerable to this particular exploit. Shortly after its discovery, players began sharing clips of the exploit and reporting it online, leading to Bungie swiftly disabling all text chat in destiny 2 on all platforms. Bungie confirmed this on his Twitter account on July 30.

“We have temporarily disabled text chat on all platforms in destiny 2 while we investigate an issue causing Weasel errors,” tweeted Bungie. “Stay tuned for updates.”

Bungie has a hotfix planned to go live tomorrow following some maintenance today, but there’s been no confirmation from the devs on if this exploit is being fixed in this upcoming patch. Kotaku has reached out to Bungie about the exploit and if it has any updates on when players can expect a fix and for text chat to be turned back on.

Categories
Entertainment

Hunted stars Jake and Rob don drag disguises | Photos

Fans of Ten’s cat-and-mouse reality game show Hunted could have been forgiven for thinking they were watching Drag Race Down Under during Monday’s episode, as the four remaining fugitives all leaned heavily on drag to try to evade the Hunters.

After a season of contestants donning dodgy wigs and op shop dresses, leave it to friends Jake and Rob – who’ve been running rings around the Hunters since the start of the game – to bring some truly unrecognizable disguises.

Rob, a hairdresser and make-up artist, got he and police officer Jake into very convincing drag for their next outing, knowing that stepping out in public as themselves was just too risky.

Their mission: To go to a local pub and befriend some strangers, who would hopefully take them in separately for the night as they went their separate ways for the final stage of the game.

And Rob had come prepared, putting them both in wigs, make-up, breast plates and even facial prosthetics:

Cut to Jake and Rob in full drag, blending in very well as they sipped cocktails with a group of girls at a Footscray pub – one of whom announced, “You can come stay with us if you like.”

One complaint – hunted brushed over this undercover operation, showing us barely more than 30 seconds of Jake and Rob in drag at the pub before we skipped to the next scene.

It raised a lot of questions: How exactly did two large men in drag convince some strangers at the pub to let them crash? Release the extended pub scene, Have!

Also relying on the power of drag were contestants Stathi and Matt, who had fled to Daylesford’s LGBTI ChillOut Festival with a plan to meet a drag queen friend who would get them frocked up so they could move around the town in disguise.

Unfortunately, the Hunters intercepted their meeting (perhaps meeting a large, purple-wigged drag queen at the local pub wasn’t the best plan to evade detection), capturing Matt and leaving an emotional Stathi on the run by himself.

That means just Stathi, Rob and Jake are left in the game as the show heads towards tonight’s finale – will all, or indeed any, of them make it to the ‘extraction point’ and share in the $100,000 winnings?

Hunted concludes 7.30pm tonight on Ten.

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Categories
Australia

Sydney news: Former NSW Premier John Barilaro plum job review outcome due ‘very shortly’

Here’s what you need to know this morning.

Barilaro appointment outcome imminent

New South Wales Premier Dominic Perrottet says he is expecting an independent review into the appointment of former deputy premier John Barilaro to a lucrative trade role in New York “very shortly”.

Mr Perrottet initiated the review in late June and it has been conducted alongside one by the parliament.

The Premier has cited the review — which could be delivered as early as this week — was a key reason why he was not commenting about details from a series of papers that have raised more questions about the recruitment process, including what involvement was had by the Trade Minister, Stuart Ayres.

Another candidate was recommended ahead of Mr Barilaro before he was later ranked higher, documents released yesterday revealed.

While Mr Perrottet’s stance created “politically challenging circumstances” for his cabinet colleagues, he said the review would be comprehensive.

New regulator can fine casinos

A new regulator will have the power to fine casino operators up to $100 million and hold individual board members and executives liable for serious wrongdoing.

Under legislation set to be introduced to Parliament next week, the NSW Independent Casino Commission (NICC) will be given tough controls to target money laundering and other criminal activity.

Minister for Hospitality and Racing, Kevin Anderson, said the reforms will deliver on all 19 recommendations from the Bergin Inquiry into Sydney’s Crown Casino.

“The NICC will have scope to deal appropriately with serious misconduct of the type uncovered by various recent inquiries,” he said.

Mr Anderson said the regulator would continue assessing Crown Sydney’s suitability to hold a casino license.

Additional measures to strengthen casinos’ compliance requirements, including the phase out of cash transactions over $1000, will also be introduced.

Pork barreling could be ‘corrupt’ behavior

ICAC
The report found politicians and their advisers “do not have an unfettered discretion to distribute public funds.”(ABC NEWS)

The state’s corruption watchdog has found politicians who engage in pork barreling could be found to be corrupt, under existing NSW laws.

A report by the Independent Commission Against Corruption founds politicians who pressure public servants or use grant programs for personal or political gain would be engaging in serious misconduct.

The report found politicians and their advisers “do not have an unfettered discretion to distribute public funds” and that the use of ministerial discretion is subject to the rule of law.

The ‘Report on Investigation into Pork Barrelling in NSW’ found politicians who allocate public funds for personal or political gain would be in breach of the ministerial standards or even in breach of the criminal offense of misconduct in public office.

The report follows an investigation into the NSW Government’s $250 million Stronger Communities Fund, in which 96 per cent of grants went to projects in Coalition-held seats.

Varroa mite spreads

The destructive varroa mite has been found in a further three beehive sites north of Newcastle.

NSW Department of Primary Industries says the new detections were in the Port Stephens area, at Butterwick and Salt Ash.

They fall within the existing eradication zone but the boundary will be pushed slightly west due to the detection at Butterwick.

There have now been 59 detections of the mite since it was first identified at the Port of Newcastle in late June.

The mite weakens and kills European honey bee colonies, which are vital to Australia’s honey and farming industries.

Well-known Indigenous organization to close

National Center of Indigenous Excellence
The NCIE looks set to close after lengthy negotiations to keep it doors open failed. (Supplied: NCIE)

An Indigenous non-for-profit in Redfern is set to close after the two parties involved its transition process failed to reach agreement on the organisation’s future.

The National Center of Indigenous Excellence could close its doors by next Monday after the Indigenous Land and Sea Corporation failed to find a suitable arrangement with new owners, the NSW Aboriginal Land Council.

It follows a two-year due diligence process in which the Land and Sea Corporation divested the site to the land council.

The center provides programs and services to the local Indigenous community to improve wellbeing.

Up to 50 staff are expected to lose their jobs.

Police officer assaulted

Three boys have been arrested after allegedly assaulting an off-duty police officer with a bike seat pole in Sydney’s west yesterday.

The boys were allegedly behaving in an offensive manner at Rooty Hill Railway Station around 4:25am and abusing passengers and railway staff.

A chief inspector attached to a command within the North West Region placed one of the boys under arrest, however, it is alleged the boy resisted before verbally abusing and assaulting the officer.

It’s alleged the officer was struck multiple times to the head with a bike seat pole.

Further police from Mt Druitt police area command attended and arrested the boys.

NSW Ambulance paramedics treated the officer at the scene before he was taken to Blacktown Hospital with head injuries. He was treated and later released.

The boys — aged 14, 13 and 12 — were refused bail and will appear at the Children’s court today.

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